Outsourcing accounts receivable and payable improves the performance of your accounting division and a faster turnaround time. To attain the maximum profitability, you’re best dished up by concentrating, whenever possible, on useful, high-margin, growth-oriented activities.

Accounts Receivable Service (AR)

Our AR service will Improve your Invoicing, Collections, and Customer Satisfaction. To improve business cash flow its very important to have a strong accounts receivable system. Poor accounting practices are the major reason for most cash deficits, not a lack of work.

What we do?

Document Processing

  • Sorting and indexing of scanned invoices and receipts
  • Batch preparation
  • Document storage and retrieval
  • Receiving and processing incoming emails
  • Audit and reconciliation of scanned invoices
  • 100% visibility invoices in financial system same day
  • Manual and automated data entry
  • Three-way database matching
  • Electronic invoice processing

Cash Disbursements

  • Faster approvals, Faster Period closes
  • Print and distribution of checks
  • Controlling and ordering for check stock
  • Online check proofing
  • Return check handling
  • Electronic ACH payment handling
  • Financial Reporting of Account Receivables

Approval and exception routing

  • Month-end and internal/external reporting
  • Documented audit trail

Accounts Payable Service (AP)

We will manage purchase orders, imaging, electronic invoicing and dynamic discounting. As a result, you can eliminate internal workflow processing. We will also manage your vendors, pay your bills, and get discounts. This is an ideal service for businesses that manage a large volume of bills. Our staff of accountants will work with your company to build the right kind of process to manage your vendors. A strong accounts payable platform will help you control your cash outflow. You'll also get discounts with vendors and keep documents organized.

What we do?

Document Processing

  • Sorting and indexing of scanned vendor invoices and receipts
  • Batch preparation
  • Document storage and retrieval
  • Receiving and processing incoming emails
  • Audit and reconciliation of scanned bills
  • 100% visibility bills in financial system same day
  • Manual and automated data entry
  • Three-way database matching
  • Electronic bill processing

Cash Disbursements

  • Faster approvals, Faster Period closes
  • Print and distribution of checks
  • Controlling and ordering for check stock
  • Online check proofing
  • Return check handling
  • Electronic ACH payment handling

Financial Reporting of Accounts Payable

  • Approval and exception routing
  • Month-end and internal/external reporting
  • Documented audit trail

Top 5 benefits of outsourcing accounts payable & receivable services

  • Standardization of process: Your bills / Invoices will be processed within 24 hours of receipt. Bills will be paid before the due date, you save on late fees. For unpaid invoices, regular reminders are sent to ensure the collections on time.
  • Controllership: You can access monthly, quarterly vendor account reconciliation reports
  • Data Capture and Review: View linked checks issued with bills and payment received for invoices.
  • Working Capital Optimization: Lowered processing cost with accounts payable and accounts receivable expertise.
  • Profit Center: Transforming the Accounts payable and Accounts receivable department into Profit Center